5Paisa Free Demat Account is available to traders, however, it comes with a few conditions. The offer is not just about the account but also some related perks that are provided to the client.
Let’s understand the whole offer and then you may choose to talk to the 5Paisa executive to get started.
5Paisa Free Account
5Paisa is one of the leading discount stockbrokers in India.
In fact, it is ranked 2nd among the discount brokers in terms of the active clients on a month to month basis. There are a couple of facts related to the broker that not many people are aware of, especially the ones who are relatively new into the stock trading space:
5Paisa was the discount broking arm of India Infoline (IIFL) till 2017.
The discount broker is listed on India’s top exchanges, NSE & BSE
Check out this 5Paisa Free Demat Account offer from 5Paisa, a leading discount stock broker of India, where you can get the following benefits:
5Paisa Free Demat Account
Free Trading Account
1st Year Annual Maintenance Charges
First 5 Trades Free, Zero Brokerage (good for some initial experimentation)
Total Savings = ₹650
What does 5Paisa offer You?
Only ₹10 per executed order brokerage
Research Tips and Recommendations for Life
Top Performing Trading Platforms
Good Customer Service
Just make sure to keep your initial margin as ₹50k.
Recently, the discount broker has introduced a few subscription plans as well. These subscription plans offer benefits to its customer to have a free demat account and other sets of benefits depending on the kind of subscription you have taken.
Here are the details:
₹400 Per Month
₹800 Per Month
₹20 per Order
Equity Options ₹2 Per Lot, Others ₹ 10 Per Lot
Equity Delivery Free, Equity Options ₹2 Per Lot, Others ₹ 10 Per Lot (Upto ₹1000 Free per Month)